Global EconomyFLASHJuly 31 at 08:30 AM

Canadian GDP MoM Prel (Jun) M/M 0.2 (Prev. 0.1)

StockNow breaking-news AI analysis

June's 0.2% GDP growth indicates a modest Canadian recovery, while the central bank maintains interest rates at 2.25% amid lowered growth forecasts and ongoing trade uncertainties.

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Today's market highlights

A selection of stories drawing attention in the market.

Geopolitics

US President Trump on Iran, says we'll be hitting them very hard; on strikes against Iran in coming weeks, says we'll be hitting

Fed

Fed's Logan (2026 voter, hawkish dissenter) says risks to inflation are to the upside and 'solid' job market is strengthening a bit; Would have preferred 25bps hike to better balance outlook and risks

Politics

US Treasury Department has told currency market participants to prepare for a potential additional intervention following Thursday's action by Japanese authorities to support the yen, reports Nikkei

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